The recent trend of Bitcoin has been quite interesting these past two days.
After the Fed raised rates by 25 basis points in September, BTC briefly surged to around $76,500, then gave back all of those gains. But today, the price has returned to the vicinity of $76,000 again—meaning the market is gradually digesting the first wave of impact from the rate hike.
Group chat: 领取策略
What’s really worth watching now isn’t just “the Fed hiked rates, so BTC should go down.”
Because this time, the market has started pricing in a more realistic question: will there be further rate hikes afterward?
Currently, 16 Fed officials are expected to have at least one more rate hike this year. That suggests interest-rate pressure hasn’t fully ended. But if expectations for additional hikes cool down gradually, pressure on risk assets may also ease.
Another change is also crucial.
The yield on the 10-year U.S. Treasury briefly broke above 5% the day before, then slid back to around 4.9%. Oil prices also pulled back. After these factors eased, U.S. stocks and tech stocks strengthened again. The Nasdaq rose 1.69% in a single day, and BTC followed with a rebound.
So right now #BTC looks more like it is searching for balance again around $76,000. The next thing to watch is whether the $76,500 to $78,000 zone can truly hold. Then below, pay attention to the buy-support strength around $75,000.
If later the Treasury yields continue to fall and risk assets maintain their recovery, discussion about BTC retesting $80,000 will naturally heat up. But if expectations for further hikes in October rise again, and capital continues to flow out of spot ETFs, the overhead pressure won’t be small either.
What matters most in the market now is no longer simply watching whether prices rise or fall after a single rate hike—it’s whether this interest-rate shock can truly be absorbed by the market.
We’ve already整理 the key market focus for today. Spend a little less chasing the news, and a little more time understanding the impact behind the headlines 👀
After the Fed raised rates by 25 basis points in September, BTC briefly surged to around $76,500, then gave back all of those gains. But today, the price has returned to the vicinity of $76,000 again—meaning the market is gradually digesting the first wave of impact from the rate hike.
Group chat: 领取策略
What’s really worth watching now isn’t just “the Fed hiked rates, so BTC should go down.”
Because this time, the market has started pricing in a more realistic question: will there be further rate hikes afterward?
Currently, 16 Fed officials are expected to have at least one more rate hike this year. That suggests interest-rate pressure hasn’t fully ended. But if expectations for additional hikes cool down gradually, pressure on risk assets may also ease.
Another change is also crucial.
The yield on the 10-year U.S. Treasury briefly broke above 5% the day before, then slid back to around 4.9%. Oil prices also pulled back. After these factors eased, U.S. stocks and tech stocks strengthened again. The Nasdaq rose 1.69% in a single day, and BTC followed with a rebound.
So right now #BTC looks more like it is searching for balance again around $76,000. The next thing to watch is whether the $76,500 to $78,000 zone can truly hold. Then below, pay attention to the buy-support strength around $75,000.
If later the Treasury yields continue to fall and risk assets maintain their recovery, discussion about BTC retesting $80,000 will naturally heat up. But if expectations for further hikes in October rise again, and capital continues to flow out of spot ETFs, the overhead pressure won’t be small either.
What matters most in the market now is no longer simply watching whether prices rise or fall after a single rate hike—it’s whether this interest-rate shock can truly be absorbed by the market.
We’ve already整理 the key market focus for today. Spend a little less chasing the news, and a little more time understanding the impact behind the headlines 👀